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and house speaker john maynard discuss and the fiscal cliff and president barack obama suppresses his case today for a tax hike to help reduce the deficit. we are not insisting on rates just out of spite or any kind of partisan victory but rather because we need to raise a certain amount of revenue. >> and he made that pitch to several wealthy ceos he wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been asking for. erick kanter announced today there will be no adjournment into a credible solution to the fiscal cliff is found. >> house lawmakers proposed a bill today they claim will bring the costs under control and provide a safe retirement, it creates two
and house speaker john maynard discuss and the fiscal cliff and president barack obama suppresses his case today for a tax hike to help reduce the deficit. we are not insisting on rates just out of spite or any kind of partisan victory but rather because we need to raise a certain amount of revenue. >> and he made that pitch to several wealthy ceos he wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt...
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Dec 10, 2012
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today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. i ac
today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate...
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and speaker boehner to sit down and hash it out. and now time for a friendly super hero to get moving. >> i am suiting up and headed down to our capital to save our country. it is not from one side only it takes to both sides. ski have to bring the plan in person as if i don't have enough to do buying meat and cheese for my loved ones. tomorrow, we will stop by the capitol and the white house to talk about a busy talk but that is what super heroes do. the michigan republican congressman who is here to say what his party shouldn't do. congressman, your fear came on taxes. don't do it. >>guest: given the deals we are talking abouts we should not cave on taxes when the amount of spending cuts over 10 years are a drop in the bucket. >>neil: so, when you lost the committee leadership assignment, did that opposition play into that? did speaker boehner say if you were quieter you would still be if a key role? >>guest: well, speaker boehner's staff have not talked to me. the only talking they have done is to the press off the record and ano
and speaker boehner to sit down and hash it out. and now time for a friendly super hero to get moving. >> i am suiting up and headed down to our capital to save our country. it is not from one side only it takes to both sides. ski have to bring the plan in person as if i don't have enough to do buying meat and cheese for my loved ones. tomorrow, we will stop by the capitol and the white house to talk about a busy talk but that is what super heroes do. the michigan republican congressman...
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Dec 13, 2012
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market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and the federal reserve and the fiscal cliff weighed in on this market. how do you position yourself? joining me to discuss that our guests. gentlemen, nice to have you on the program. thanks so much for joining us. let me kick this off with you in terms of allocating capital right here in the face of so much uncertainty, fiscal cliff, federal reserve. what is going to be the dominant force in terms of moving money? >> i think you don't fight the fed. i think what happened yesterday is a little bit more of the same we had this year which is the fed is going to try to keep interest rates low until it mov
market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and...
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>> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >> neil: that's what i'm hearing. driving it further apart. >> yeah, you not going to make it happen that way. there is beginning to be -- there are two conspiracy theories now. one is that the leaders won't mind if the country goes over the cliff because th
>> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal...
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. >>> president obama an house speaker john boehner met face-to-face. now just 22 days away, we don't have much details on theirs conversation. >>> some gay couples living in washington state made history after midnight sunday becoming the first legal same-sex marriages in the state. the governor signed the voter approved referendum into law on wednesday. >>> some very sad news for fans of music super star jenni rivera. they have found the wreckage of the private jet believed to be carrying the popular mexican-american singer. there doesn't appear to be any survivors. the plane lost contact early sunday morning. those are your headlines this hour. cnn, the most trusted name in news. >> it's almost impossible to imagine what madonna badger has opinion through. she woke up to find her house engulfed in flames. she was unable to save her three young daughters and her parents. nearly a year she's learning to try to get on with her life. an extraordinary example of strength and courage. she joins me in a primetime exclusive. i don't even know where to start
. >>> president obama an house speaker john boehner met face-to-face. now just 22 days away, we don't have much details on theirs conversation. >>> some gay couples living in washington state made history after midnight sunday becoming the first legal same-sex marriages in the state. the governor signed the voter approved referendum into law on wednesday. >>> some very sad news for fans of music super star jenni rivera. they have found the wreckage of the private jet...
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president obama and house speaker john boehner met at the white house for another round of talks to avert the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenue to have meaningful deficit reduction. >> republicans
president obama and house speaker john boehner met at the white house for another round of talks to avert the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the...
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. >>> boehner ripped into president obama, speaker boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't see how republicans can stop him, you know, because everybody's taxes are going to increase if congress does nothing, and president obama is the only person that can sign a bill into law and quite honestly, senator harry reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what w
. >>> boehner ripped into president obama, speaker boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't...
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meanwhile, president obama and house speaker john boehner sat down at the white house in the latest fiscal cliff negotiations. no details of that meeting was released. >>> confirmed by her father, mexican singer banda was killed in a plane crash. she was 43. and a big winter storm is wreaking havoc across the midwest. it's the heaviest snowfall of the season. record snowfall of 10.2 inches was set at twin city, minnesota. there were more than 300 car accident in 24 hours. now back to more of "to catch a predator." >>> he's coming up right now slow. >> outside our hidden camera house here in petaluma, california, things are still getting backed up. one potential predator drives up, parks out front and sits there. meanwhile we spot another man across the street getting out of his car. he's been sitting there for several minutes. >> we believe jack, the stripper. >> usually when a visitor arrives, we know exactly who he is based on his photo and information in his chat log. but as we watch this man cross the street and head up our driveway, we realize we don't know which potential predator he
meanwhile, president obama and house speaker john boehner sat down at the white house in the latest fiscal cliff negotiations. no details of that meeting was released. >>> confirmed by her father, mexican singer banda was killed in a plane crash. she was 43. and a big winter storm is wreaking havoc across the midwest. it's the heaviest snowfall of the season. record snowfall of 10.2 inches was set at twin city, minnesota. there were more than 300 car accident in 24 hours. now back to...
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president obama and speaker boehner. they had a weekend rendezvous at the white house. taxes, spending cuts. >>> i'm susan in for s.e. today. michigan's governor driving the motor city in to a fight over the unions. why's the president playing backseat driver? >>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th. >>> it's monday, fun day here at "the cycle." let's get the party started. where will it land today? fiscal cliff? huh. so much for fun. well you know what? we at "the cycle" can make it fun. look at this. the president living it up in motown last hour calling on republicans to stop being party poopers. >> i believe america only succeeds and thrives when we've g
president obama and speaker boehner. they had a weekend rendezvous at the white house. taxes, spending cuts. >>> i'm susan in for s.e. today. michigan's governor driving the motor city in to a fight over the unions. why's the president playing backseat driver? >>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday...
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Dec 6, 2012
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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Dec 13, 2012
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that's barack obama and speaker boehner, and they don't seem to want to tell us. barack obama went to a christmas party. he went past a group of reporters. he says it is a work in progress. that's about where we know. >> is it your impression, aemon, that the subject has grown darker with the prospect of a deal than it was 48 hours ago? >> we haven't seen any public evidence of the private negotiations since about tuesday when we saw offers and counter offers taking place behind the scenes. we have seen a hardening of the public rhetoric over the past couple of days here. you get the sense that people here in the capitol building are prepared to be here through christmas at this point. i talked to one member of congress who said, look, if they need me to, i will be here on christmas day. so i think people are bunkering in up here right now. at least atmospherically. that's where we're at. >> what are the hypothesis that both sides have some sort of incentive to take the country over the cliff even if only for a week or so. because on the gop side, they've said, we
that's barack obama and speaker boehner, and they don't seem to want to tell us. barack obama went to a christmas party. he went past a group of reporters. he says it is a work in progress. that's about where we know. >> is it your impression, aemon, that the subject has grown darker with the prospect of a deal than it was 48 hours ago? >> we haven't seen any public evidence of the private negotiations since about tuesday when we saw offers and counter offers taking place behind the...
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on the fiscal cliff negotiations, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax inc
on the fiscal cliff negotiations, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy...
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are president obama and speaker boehner about to give birth to a two-party fiscal cliff deal? how both sides are trying to meet in the sensible center. >>> and history making newlyweds. robbie perry and paris prince are the first male couple to be celebrated four their wedding in "jet" magazine's famous love section. the men join me on their history making moment and breaking stereotypes. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. to the best vacation sp(all) the gulf! [ male announcer ] break from the holiday stress. it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna lo
are president obama and speaker boehner about to give birth to a two-party fiscal cliff deal? how both sides are trying to meet in the sensible center. >>> and history making newlyweds. robbie perry and paris prince are the first male couple to be celebrated four their wedding in "jet" magazine's famous love section. the men join me on their history making moment and breaking stereotypes. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has...
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i have the feeling that if you really left it to the president and the speaker, obama and boehner, they could work it out. they got forces behind both that will try to separate them, but that's where their leadership comes into play. look, this country -- i'd rather be an american economically poised for the future than a citizen of any other country in the world. what's standing in the way of us really surging economically is the government, and if we can get together and adopt a bipartisan long-term debt reduction plan, i think our economy's going to take off. >> i want to get into foreign policy now. you are the three amigos, the experts in this genre. i want to talk about the middle east exploding that you've hinted at and also benghazi and susan rice, which i know is a favorite subject of yours, senator. >> so good of you, pierce. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy
i have the feeling that if you really left it to the president and the speaker, obama and boehner, they could work it out. they got forces behind both that will try to separate them, but that's where their leadership comes into play. look, this country -- i'd rather be an american economically poised for the future than a citizen of any other country in the world. what's standing in the way of us really surging economically is the government, and if we can get together and adopt a bipartisan...
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house or rather, president obama and the house speaker have spoken tonight. good news. this after they each fired another shot in the ongoing fight over how to resolve this fiscal cliff mess. cnn is now getting details about two new offers that were made and previously undisclosed, too. they kept a pretty tight lid on them. one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is confident that republicans will not hold middle class tax cuts hostage. so there's a lot of news that's all of a sudden coming out. after some relative quiet. our white house correspondent dan lothian is on the case and joins me now by telephone, because you've been working your sources. take me into the conversation. all of this breaking late today and it sounds good. it sounds at least like there's some movement, dan. >> reporter: that's right. that's always been the issue, because as you know, it was just last week we were talking about the fact that there were no talks on
house or rather, president obama and the house speaker have spoken tonight. good news. this after they each fired another shot in the ongoing fight over how to resolve this fiscal cliff mess. cnn is now getting details about two new offers that were made and previously undisclosed, too. they kept a pretty tight lid on them. one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is...
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. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum is with the president. >> republicans are totally over the barrel. >> did you say over? >> they should give in to obama on the tax rate? >> nothing is over until we decide it is! >> we didn't elect them to raise rate. >> not me! >> we don't have a revenue problem. >> i'm not going to take this. >> when are you going to fight? >> let's do it! >> how is that winning? that isn't winning. >> i don't think republicans will win. >> south carolina senator jim demint -- >> jim demint says he is resigning. >> his surprise announcement to step down. >> i think i'm in a more powerful position. >> are you kidding me? >> he doesn't have a law to his name. >> he has been a singular failur
. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum...
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president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an increasingly limber group of republicans are showing flekx 5eb89 on higher rates for top earners arguing raising rates on the rich will give them gre
president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing...
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and speaker of the house john boehner to strike a deal. in just 24 days, more than $500 billion in tax increases take hold. frustration is evident on capitol hill. boehner saying friday there's no progress to report. we'll find out the latest on fox news sunday. host chris wallace joins us with a preview. good morning, chris. >> good morning, melanie. >> we're not hearing compromise at the top, but i'm wondering if among the ground troops, are we hearing any willingness to compromise? >> no. i think that what you're seeing in public is what they are seeing in private, which is that neither side is willing to make a deal. now, it may be we're not close enough to the deadline for people to get to where their bottom line position is. but you talk about speaker boehner. in a news conference friday, he said another week has been wasted. and i get very little sense that they, behind the scenes, are making much progress. we'll talk to two of the key plaifers in all of this at the top of the hour. charles schumer of new york, one of the leading de
and speaker of the house john boehner to strike a deal. in just 24 days, more than $500 billion in tax increases take hold. frustration is evident on capitol hill. boehner saying friday there's no progress to report. we'll find out the latest on fox news sunday. host chris wallace joins us with a preview. good morning, chris. >> good morning, melanie. >> we're not hearing compromise at the top, but i'm wondering if among the ground troops, are we hearing any willingness to...
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and house speaker john boehner actually stood in the same room. they breathed the same air, folks, and they talked and that's a big deal. especially since there's been so little of that going on lately. after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales. we've also seen jobs numbers that are up. and today, fedex is expecting its busiest day ever. shipping about 19 million pa packages. that is about 20 packages per second. and loads of jet fuel. christine romans joining me now with more. those sound like great indicators. you're the trend lady. do the trends look like they're going to continue despite this horror show of
and house speaker john boehner actually stood in the same room. they breathed the same air, folks, and they talked and that's a big deal. especially since there's been so little of that going on lately. after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've...
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obama at the white house today. okay? at 3:30 eastern, not a lot of hours left and daylight here, but getting together according to a white house official. we'll see if the markets make a better comeback at the moment. well off lows, same with the s&p and nasdaq, a tough day for most of this. okay, 5 p.m., now we have the number, the time, 5 p.m., john boehner going to the white house for a meeting, according to wire reports. the airline industry has become infamous for losing money, but spirit airlines created a flight pattern to consistent profits. ben, spirit airlines ceo joining me now in a fox business exclusive going into the holiday travel season, and following the story now for a better part of a couple years, finding it absolutely fascinating, and airline able to do this embracing nickel and diming. tell me first how is the airline situation looking going into the christmas two weeks before? >> well, great to see you again, liz, and merry christmas, and, you know, christmas, the christmas hanukkah season is
obama at the white house today. okay? at 3:30 eastern, not a lot of hours left and daylight here, but getting together according to a white house official. we'll see if the markets make a better comeback at the moment. well off lows, same with the s&p and nasdaq, a tough day for most of this. okay, 5 p.m., now we have the number, the time, 5 p.m., john boehner going to the white house for a meeting, according to wire reports. the airline industry has become infamous for losing money, but...
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finally, president obama goes behind closed doors with house speaker john boehner. they're trying to hash out a deal before we go over the fiscal cliff. can they come to an agreement? >>> those australian deejays who pranked the hospital where du h duchess katherine was staying apparently speaking out after the nurse tried to commit suicide after she took the call. >>> and tuition based on your major. one state is considering doing just that, but is it fair. >>> a navy s.e.a.l. dies while helping rescue an american doctor held hostage by kidnappers. details on this gripping rescue straight ahead. >>> and california congresswoman judy chu will join us. congress people connie mack and mary mack, politics to the macks, get it? and adam lambert. all starting right now. you can come in, john. you just have to dance in. we've got the music going. our panelists this morning, congressman joseph crowley is with us. he's a democrat from the great state of new york. margaret hoover is with us, cnn political contributor. ron brownstein is the editorial director of "the national
finally, president obama goes behind closed doors with house speaker john boehner. they're trying to hash out a deal before we go over the fiscal cliff. can they come to an agreement? >>> those australian deejays who pranked the hospital where du h duchess katherine was staying apparently speaking out after the nurse tried to commit suicide after she took the call. >>> and tuition based on your major. one state is considering doing just that, but is it fair. >>> a...
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-- and the speaker's staff and you saw this very tight coordination of messaging between obama and boehner that indicated they were working together well. then we see this from the speaker today. but after that, the aides came out privately and talked to us and we got some indication that those staff-level talks are going to continue through this weekend. so i think we're seeing a sort of two-track thing. a public negotiation and private negotiation of the staffers. i would still be encouraged but i have a $1 bet here with ben white that says we don't get this deal until after christmas and that we're going to have a little drama between now and then. >> can i respond to a bet. >> a $1 bet is pathetic. >> i don't -- do i look like mitt romney to you. i don't have $10,000 in my wallet. >> like the guys from trading places. >> he's going to be back on here and when a deal is made there's going to be greenery behind him, closer to christmas, that's how these deals happen, they happen fast at the last minute. >> you think pre-christmas. >> probably 24th, 23rd in there. >> i think after the 27t
-- and the speaker's staff and you saw this very tight coordination of messaging between obama and boehner that indicated they were working together well. then we see this from the speaker today. but after that, the aides came out privately and talked to us and we got some indication that those staff-level talks are going to continue through this weekend. so i think we're seeing a sort of two-track thing. a public negotiation and private negotiation of the staffers. i would still be encouraged...
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while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told barbara walters in an interview airing this friday on "20/20." >> taxes are going to go up one way or another and the key is to make sure taxes go up on high-end individuals like you and me, barbara, we c
while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a...
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the chatter is being stirred by knowledgeable washington journalists saying the obama administration may be ready to include these in a fiscal cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before
the chatter is being stirred by knowledgeable washington journalists saying the obama administration may be ready to include these in a fiscal cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from...
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we were told that yesterday speaker boehner and president obama held a phone call, it was said to be about 20, 28 minutes in length but neither side has leaked what happened on that phone call. the house republicans are not leaking, the white house just within the past hour said it's not going to tell reporters what was discussed, that's probably an encouraging sign that negotiations are taking place. last week we saw that they had a proposal and immediately house republicans leaked the white house proposal and then republicans went out of their way to say they were laughing at that proposal, now they're not leaking, that's probably a sign of some real deal making but nonetheless harry reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's enough writing on the wall. >> you get the sense here guys that democrats feel like they have the upper hand, there is some dealmaking behind the scenes. what that dealmaking is we don't yet know and when it cou
we were told that yesterday speaker boehner and president obama held a phone call, it was said to be about 20, 28 minutes in length but neither side has leaked what happened on that phone call. the house republicans are not leaking, the white house just within the past hour said it's not going to tell reporters what was discussed, that's probably an encouraging sign that negotiations are taking place. last week we saw that they had a proposal and immediately house republicans leaked the white...
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david: the president and the house speaker meeting. president obama changing his tone a little bit mentioning compromise. peter barnes in washington with the latest. they were saying we believe actions, we have heard so much chatter, we can't really bet on that. >> right now we're just hearing chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> i spoke to an aide to one top republican leader who was a little bit upset by the comment the president would be willing to compromise a little bit. the white house did not disclose any details of the meeting with the president and the s
david: the president and the house speaker meeting. president obama changing his tone a little bit mentioning compromise. peter barnes in washington with the latest. they were saying we believe actions, we have heard so much chatter, we can't really bet on that. >> right now we're just hearing chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the...
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house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the timeline look like for beating the end of the year deadline. we get out the crystal ball and calendars. brit hume has analysis on how a deal could get done. new video shows use of chemical weapons by the government. and california is going all in on solar power but a lot of californians say solar is taxpayer and consumer ripoff. "special report" starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> dana: all right. several new developments to report on the royal phone prank in the u.k. radio station has taken the two d.j.s off the air who called the hospital where princess kate was being treated. they duped nurses to thinking they were the queen and prince charles. the nurse who put through thei
house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the timeline look like for beating the end of the year deadline. we get out the crystal ball and calendars. brit hume has analysis on how a deal could get done. new video shows use of chemical weapons by the...
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that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reag
that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer...
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you know, one thing about barack obama, he is an excellent speaker. he did this whole thing about the life of julia. remember that one? and it seems like the campaign never ends. when he talks he caulks about christmas and families and stress. i want to call up assad here of john boehner and i want you to compare the two in terms of their language. >> we have a debt problem that is out of control. i believe it's appropriate to put revenues on the table. the revenues on the table are going to come from gets who? the rich? there are ways to limit deductions and close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >> can i tell you something? that was so boring and so complicated and it didn't speak to me. what spoke to me was christmas, american families and stress. yes? >> that's what obama does. he speaks -- this is the point talking to the country. is he using all of those -- him meeting with the middle class family is kind of absurd. boehner is bo
you know, one thing about barack obama, he is an excellent speaker. he did this whole thing about the life of julia. remember that one? and it seems like the campaign never ends. when he talks he caulks about christmas and families and stress. i want to call up assad here of john boehner and i want you to compare the two in terms of their language. >> we have a debt problem that is out of control. i believe it's appropriate to put revenues on the table. the revenues on the table are going...
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speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as you suggested, this is all a work in progress. the thing we cannot see that is not visible to the public or to the press is what's going on behind the scenes. staff discussions resumed yesterday. don't know
speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >>...
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geared towards the 2014 elections. >> right. >> so that pelosi can be speaker again, and it's -- it's going to hurt the middle class. it's going to hurt poor people and senior citizens on limited incomes. >> congressman, just hearing that the graphic up that the president and speaker will be meeting again today at the white house to discuss the fiscal cliff so maybe there's a little ray of hope there. >> i hope so. the president has been nowhere to be found. he's been missing in action on this and has not offered any kind of real solutions to this problem. >> all right. maybe it will happen today. >> we'll watch the next meeting. thanks for being here on the program. thank you very much. >> congressman paul brown. coming up we'll hear from a lawmaker on the other side of the aisle who says raising the eligibility age is a non-starter in any deal to avoid the fiscal cliff. jan chakowski is here. i don't understand that either. taking the age from 65 to 67 gets you $1 billion. >> just today the democrats took it off the table. >> why? >> i don't know, and predictably we're coming off th
geared towards the 2014 elections. >> right. >> so that pelosi can be speaker again, and it's -- it's going to hurt the middle class. it's going to hurt poor people and senior citizens on limited incomes. >> congressman, just hearing that the graphic up that the president and speaker will be meeting again today at the white house to discuss the fiscal cliff so maybe there's a little ray of hope there. >> i hope so. the president has been nowhere to be found. he's been...
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president obama has been clear about it all along. >> unfortunately, the speaker's proposal right now is still out of balance. you know, he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. and when you look at the math, it doesn't work. >> you see, if we lower these rates, then the job creators will go out there end and all this money to hire a bunch of people, and that's going to contribute more to the tax base. and gosh, we're just going to take care of all of our problems. we have tried this stuff, and it didn't work. when leaders mcconnell and boehner feed the base, it makes it harder for them to come around and later on lead their members towards a sane deal with the president of the united states and democrats who, by the way, won the election. let's bring in former virginia congressman, tom perriello, now the president and ceo of the center for american progress action fund. tom, good to have you with us tonight. >> always good to be here. >> you bet. have republican leaders boxed themselves in by catering to this fr
president obama has been clear about it all along. >> unfortunately, the speaker's proposal right now is still out of balance. you know, he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. and when you look at the math, it doesn't work. >> you see, if we lower these rates, then the job creators will go out there end and all this money to hire a bunch of people, and that's going to contribute more to the tax base. and...
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meanwhile, you have a number of republicans slamming speaker boehner. how would you describe his position right now? >> well, he really didn't win for losing. he's trying to say to president obama if i wanted topaz your proposal i can't do it. he's really truly between a deal and promise and getting the fight over with and a conference that won't allow it. i think what senator demint is saying and house republicans are saying to john boehner is, let's go over the cliff. that we can live with the sequester and we absolutely will not raise tax rates no matter what. what that does is eliminate all of the tax cuts and then there's a new fight in january to push obviously by the democrats to restore tax cuts for 98% of americans. and then that will be muddied by the need for a debt ceiling increase and the fight goes in to february. it's government at the brink all the time. we don't know how the markets and the credit rating agencies will react. probably be bad ybut i think that's what you hear conservatives saying. >> erin, so far wall street for the most
meanwhile, you have a number of republicans slamming speaker boehner. how would you describe his position right now? >> well, he really didn't win for losing. he's trying to say to president obama if i wanted topaz your proposal i can't do it. he's really truly between a deal and promise and getting the fight over with and a conference that won't allow it. i think what senator demint is saying and house republicans are saying to john boehner is, let's go over the cliff. that we can live...
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. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news leaked today that in the last few days, there have been new offers and new counteroffers in the negotiations. but they sound, to be honest, not that different from the old offers. reports that mr. obama has gone from $1.6 trillion in taxes to $1.4 trillion but hasn't budged much on entitlements. mr. boehner really hasn't moved on taxes at all. he is still i'm told at $800 billion, although details on his offer are sparse. earlier today i asked michael steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote deal. he wrote back we
. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news...
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president obama and the house speaker spoke for a short time yesterday. nobody knows exactly what they said. and president obama is going to talk to a family in virginia, sort of a deal to get -- why don't both sides go to camp david, lock themselves behind closed doors and come up with a deal? why a pr stunt, visiting voters when that's not going to get a deal done with republicans. >> i certainly would welcome that. i think most americans would. i think what the white house is doing -- and i think it's smart -- making sure that this conversation stays where it should be, with the middle class. the white house has been raising this point. they have this #my2k, explaining to republicans and the country, we can't afford for $2,000 more to hit our tax bill. it's important for the american people to stay engaged and the white house has to keep the american people engaged and this family will be speaking for a lot of people. it doesn't make any sense, even the polls show that the wealthy are willing to pay more taxes. for some reason republicans have dugged t
president obama and the house speaker spoke for a short time yesterday. nobody knows exactly what they said. and president obama is going to talk to a family in virginia, sort of a deal to get -- why don't both sides go to camp david, lock themselves behind closed doors and come up with a deal? why a pr stunt, visiting voters when that's not going to get a deal done with republicans. >> i certainly would welcome that. i think most americans would. i think what the white house is doing --...
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in his talks with the speaker, it really does make me despair and want to tear my hair out. the actual number for the savings from raising the medicare entitlement age over ten years, phasing it in slowly, the congressional budget office says is something like $115 billion over ten years. and that's phased in over time. the second ten years would be way more than that. it's a complicated thing. you need to look at it in a way that shields people who don't make as much money. but people like me, we're going to be working, i hope, till way past 65, don't need to rely on medicare. and the intransients, i have to say on both sides here, on tax rates on republicans, on entitlements from democrats is really just enough to make you want to -- >> tear your hair out? >> -- not have a good holiday season. >> you're going to pull your hair out twice today, ruth. >> exactly. i have enough left. >> ruth marcus, chris frates as well. >>> secretary of state hillary clinton will testify about the report on the deadly attack on the benefghazi consulate. a report by a review is expected to be
in his talks with the speaker, it really does make me despair and want to tear my hair out. the actual number for the savings from raising the medicare entitlement age over ten years, phasing it in slowly, the congressional budget office says is something like $115 billion over ten years. and that's phased in over time. the second ten years would be way more than that. it's a complicated thing. you need to look at it in a way that shields people who don't make as much money. but people like me,...